Flat share for sale
Key information
Property description & features
- Tenure: Freehold
Situated in the heart of Bridlington town centre, this versatile building offers a fantastic investment opportunity for the savvy investor. The property comprises a commercial unit on the ground floor and three residential flats above, all in need of some modernisation.
With neighboring buildings undergoing similar renovations, this area is on the brink of transformation, promising significant potential for growth. The commercial unit benefits from high foot traffic, ensuring excellent visibility and business potential.
The three flats above, once modernised, can provide substantial rental income. At full occupancy, the estimated annual yield is an impressive £23,000.
This property is ideal for investors looking to capitalize on the growing market in Bridlington town centre. Don't miss out on this chance to secure a high-potential asset. Contact us today to arrange a viewing and explore the opportunities this property offers.
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*DISCLAIMER
Property reference BRI240152. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Harris Shields Collection - Bridlington.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area: obtained on July 24, 2023 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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